Non Market Risk - Institutional Equities - Vice President

  • 96 Morgan Stanley UK Ltd
  • New York, New York, United States of America
  • 1mo ago
  • Full-Time
  • On-site

The position available is a Vice President role on the Non‑Market Risk team within the Institutional Equity Division (IED) Business Control Unit. The individual will work within a cross‑functional team with a primary focus on New Product Approvals (NPA) and Significant Modification Assessments (SMA). They will partner closely with senior stakeholders across IED and key control functions including Legal, Compliance, Operations, Technology, Finance, Credit, MRD, Model Risk and GFC to ensure new activity and material changes are assessed, documented, approved and governed in line with internal policies, procedures, standards and controls.

Responsibilities may include:

  • Owning day‑to‑day execution of the NPA and SMA pipeline for IED, keeping submissions on track and decision‑ready

  • Working with Product Proposers and desk stakeholders to tighten scope, identify impacted entities/regions, and surface key risks, dependencies, and open questions early

  • Coordinating across control functions to drive required reviews, capture decisions and rationale, and ensure governance artifacts are complete and audit‑ready

  • Supporting the business in translating approvals into practical go‑live requirements, including follow‑through on conditions, documentation, and execution readiness

  • Escalating issues appropriately when there are gaps in risk coverage, controls, documentation, or governance, and driving closure with the right owners

  • Identifying recurring friction points in the process and implementing lightweight fixes (templates, trackers, standards) to improve consistency and speed

  • Assisting with related regulatory or internal requests where NPA/SMA governance records, summaries, or evidence packs are needed


Experience / Skills Required:

  • 5–8 years of relevant experience in Financial Services or related field, with governance/risk/product change experience strongly preferred

  • Strong judgment and ability to identify and escalate issues appropriately

  • Strong analytical skills and comfort explaining complex workflows clearly

  • Excellent written and verbal communication skills across levels of seniority

  • Strong project management skills and ability to drive work to completion across multiple stakeholders

  • Proficiency in Microsoft Office applications, especially Excel, Word and PowerPoint

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years.  Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $140,000 and $250,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.  Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.